Exam (elaborations)
Module 12 Tax Me, Please Questions and Answers Fully Solved
- Course
- Institution
Module 12 Tax Me, Please
[Show more]
Content preview
Module 12 Tax Me, PleaseThe sales tax you pay when you gas up your car is regressive - answer false
Select the correct example of a "benefits received" tax - answer The tax that is collected
at a tool booth on a highway
Your employer is responsible for filling your federal tax return - answer False
Progressive taxation is based on the belief that - answer People who can afford to pay
more should pay more to allow the government to help less fortunate people
Taxes normally pay for the following - answer Services such as police, fire and the
military
What tax form is given to me by my employer each tax year to show my earnings and
taxes withheld - answerW-2
A progressive tax is a tax that - answer Requires people who make more money to pay
a larger percentage of their income in taxes
Which is the correct statement about the "Ability to pay" principle - answer Both A and B
You had a part time job that paid you $950 in one tax year. Do you have to file a federal
tax return? - answer Yes
You pay a sales tax when you - answer Buy a video game
congratulations - answer80%
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller julianah420. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72964 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now